The historical rank and industry rank for Turkiye Sise ve Cam Fabrikalari AS's Return-on-Tangible-Equity or its related term are showing as below:
TKKYY'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 7.52 Med: 12.95 Max: 30.12
Current: 15.78
During the past 13 years, Turkiye Sise ve Cam Fabrikalari AS's highest Return-on-Tangible-Equity was 30.12%. The lowest was 7.52%. And the median was 12.95%.
TKKYY's Return-on-Tangible-Equity is ranked better than 82.45% of 1516
companies
in the Chemicals industry
Industry Median: 5.9
vs TKKYY: 15.78
Turkiye Sise ve Cam Fabrikalari AS Return-on-Tangible-Equity Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
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Turkiye Sise ve Cam Fabrikalari AS Return-on-Tangible-Equity Chart
Competitive Comparison of Turkiye Sise ve Cam Fabrikalari AS's Return-on-Tangible-Equity
For the Specialty Chemicals subindustry, Turkiye Sise ve Cam Fabrikalari AS's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Turkiye Sise ve Cam Fabrikalari AS's Return-on-Tangible-Equity Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Turkiye Sise ve Cam Fabrikalari AS's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Turkiye Sise ve Cam Fabrikalari AS's Return-on-Tangible-Equity falls into.
Turkiye Sise ve Cam Fabrikalari AS Return-on-Tangible-Equity Calculation
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2024) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
Turkiye Sise ve Cam Fabrikalari AS (OTCPK:TKKYY) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Turkiye Sise ve Cam Fabrikalari AS Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of Turkiye Sise ve Cam Fabrikalari AS's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Turkiye Sise ve Cam Fabrikalari AS (Turkiye Sise ve Cam Fabrikalari AS) Business Description
Turkiye Sise ve Cam Fabrikalari AS is a holding company that, through its subsidiaries, manufactures and sells glass products, chemicals, and glass packaging. The firm's five segments are based on product type. The flat glass segment, which generates more revenue than any other segment, sells glass panes used in windows and automobile windshields. The glassware segment sells glass beverage bottles and crystal products. The other three segments are glass packaging, chemicals, and other, which consists primarily of services including insurance and the export and import of goods. The majority of revenue comes from Turkey.
Turkiye Sise ve Cam Fabrikalari AS (Turkiye Sise ve Cam Fabrikalari AS) Headlines
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